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...Soviet high command realizes that the longer war can be averted, the better their chances of winning. The Kremlin is therefore doing its best-within relative limits-to stave off war. Nevertheless . . . the Russian leaders have already established their plan for war.... One primary conviction dominates all the planning of the Red Army General Staff: that the decisive theater of military operations will eventually be the Far East...

Author: /time Magazine | Title: International: Russia's War Plans? | 10/13/1947 | See Source »

...ordered) canceled its $16 million contract. Even Douglas, now busy with its DC-6, felt shaky. Douglas' comptroller, Ralph V. Hunt, told the commission of the industry's "losses of record proportions, mounting costs, and a steady shrinking of working capital resources . . . makeshift devices ... to stave off insolvency or bankruptcy...

Author: /time Magazine | Title: Business & Finance: In Extremis | 10/13/1947 | See Source »

...proposed to limit the veto rights of all the Great Powers-by eliminating the veto itself from procedural questions and applications for membership to which it now applied. From Yalta on, the U.S. had based its U.N. hopes on essential big-power agreement in the Security Council. Now, to stave off complete U.N. paralysis, the U.S. was ready to give the 55-nation Assembly a stronger voice in world affairs...

Author: /time Magazine | Title: FOREIGN RELATIONS: Projection & Accusation | 9/29/1947 | See Source »

...billion the U.S. has pumped out since the war, much was just plain wasted. The deal that looked best when it was made was the $3.75 billion loan to Britain. It did not help Britain much toward recovery, but it did supply food to stave off a British collapse (see FOREIGN NEWS). Before the U.S. decides that the British loan was a waste, somebody will have to calculate how many billions the U.S. would have had to spend if Britain had collapsed. The figure would be much higher than $3.75 billion...

Author: /time Magazine | Title: International: WHAT PRICE PEACE? | 7/21/1947 | See Source »

...Marshall approach" is one obvious way of trying to stave off a situation in which war would be inevitable. Another attempt is the Wedemeyer mission (see NATIONAL AFFAIRS) to find out how to help China and Korea stay out of the hands of the Communists. If that mission develops a "Wedemeyer approach" to Asia, it may cost the U.S. a few billions...

Author: /time Magazine | Title: International: WHAT PRICE PEACE? | 7/21/1947 | See Source »

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